Course Duration
2 YearsTuition Fees
7.1 K1 Year Fees
7.1 KTotal Fees
12.95 KYear | 1 | 2 |
---|---|---|
Total Year Wise fees | ₹7,100 | ₹5,850 |
Total Fees | ₹7100 | ₹5850 |
Tuition fees | ₹7100 | ₹5850 |
MBA in International Business is a two year post graduate degree in management. Graduates in any stream can opt for it. International Business is one of the most trending specializations in MBA these days. Many industries and organization are hiring the Graduates of “International Business” to represent their company at international level.
Top Institutes offering this course are:
Candidates with excellent communication skills, a keen aptitude towards business and having interest in economies of different countries, are most suitable for this course. MBA IB will enable them as managers who understand the strategies and trends of global economy and apply this to improve the country’s export management.
MBA IB program was first started as Master in International Business in America in 1946. In India it was started as the Indian Institute of Foreign Trade (IIFT) was established in 1963 by government of India. In current scenario most of the B schools of country are offering this course as International Business is the most demanding sector in any country economic growth.
Course Name |
MBA International Business |
---|---|
Duration |
2 years (4 semesters or 6 trimesters) |
Eligibility |
Graduation in discipline |
Admission Process |
Entrance test + GD + PI |
Course Fee |
INR 10 to 15 Lakhs |
Course features |
Export and Import Management, International Marketing, Foreign Exchange Management, International Finance etc. |
Average salary offered |
INR 5 to 12 LPA |
Top recruiting companies |
McKinsey & Company, Citi Bank, Bank of America, Deutsche Bank, Goldman Sachs etc. |
MBA in International Business is offered in both part time and full time mode. It is offered in executive mode also for the working professionals. You can also opt for correspondence mode by taking weekend classes. Many institutes and universities offer such programs.
The objective of the course is to help professionalize the foreign trade management of country and increasing the exports and imports by generating, analyzing and conducting research. MBA IB course mainly focuses on developing a capable workforce within the country who has a complete understanding of the changing international business scenarios so that they can weigh and analyze the impact of those changes in domestic market.
Following are some top institutes for MBA IB course-
College Name | Location | Average Fee (in INR) |
Indian Institute of Foreign Trade | Delhi | 8,01,000 |
Symbiosis Institute of International Business | Pune | 6,25,000 |
ICFAI Business School | Hyderabad | 6,25,000 |
CMS Business School | Bangalore | 3,88,000 |
Nirma University | Ahmedabad | 5,46,000 |
Institute Of Management Studies, Banaras Hindu University | Varanasi | 85,000 |
University Business School, Panjab University | 16,400 | |
SRM Business School | Lucknow | -- |
Candidates can apply for MBA IB course if they possess one of the following-
Mostly B schools offer admission in MBA IB through entrance exams. Although there are some institute which provide direct admission to the students either on merit basis or on management quota basis.
Test |
Institutes |
---|---|
CAT |
IIMs and several other B schools |
XAT |
XLRI, its associates and other B schools |
CMAT |
B schools approved by AICTE |
IIFT |
IIFT Delhi and Kolkata Campus |
SNAP |
Symbiosis University and its institutes |
Selection process in most of the B schools is almost similar.
Every institute follows the following steps to provide admission-
MBA IB course structure is same as other MBA courses. First year of course consists of core subjects of management in form of classroom lectures, workshops and seminars. After completion of first year students go for summer internship. From second year the specialized courses are taught and also the electives are chosen in the second year.
Following flow chart shows the basic course structure of MBA IB-
The academic curriculum is designed so as to incorporate a professional approach to international business environment.
Following are some common subjects from which one can choose the electives for their specialized course-
Course |
Description |
---|---|
International Supply Chain Management |
The course explores the main issues in international logistics (IL) and supply chain management (SCM) to underline their strategic importance to firms. |
International Marketing |
International marketing is simply the application of marketing principles to more than one country |
Financial Derivatives and Risk Management |
Study of derivatives that can be used either for risk management |
Financing of International Trade |
Study of international trade and finance |
International Contract Management |
Study of various contracts used in business |
Managing Global Compliance in Exports |
Management of global agreement in export is taught |
International Human Resource Management |
The overall aim of the course is to educate you as a Human Resource Manager in an international context and improve the quality of your professionalism |
International Advertising and Brand Management |
What is use of advertising and branding in international markets |
International Supply Chain Management and Logistics |
Study of management of the flow of goods and services at international level |
Foreign Language for Business |
Students have the choice to select the foreign language. Mostly institutes teach French, Spanish, Mandarin etc. |
Above mentioned subjects are taken form common curriculum of some universities/institutes. These courses may vary from college to college.
MBA IB graduates have immense opportunity in current market. Career options after this course are increasing so rapidly. International business degree holders are often required due to increasing globalization and the growing number of businesses currently competing on the international stage
Following are the functional areas for MBA IB graduates-
International Marketing Departments of Companies having exports aboard have multiple opportunities for MBA IB graduates. Following are some top recruiting companies-
Apart from global companies that compete on international markets, such as airlines and chain restaurants, graduates of international business MBA program often find careers within government agencies, nonprofit organizations and banking.
Master of Business Administration in International Business can lead to careers like management analyst, administrative service manager and chief executive officer. Following are the job profiles that can be offered after MBA IB-
Salary trend of MBA IB graduates depends on job profile, company and work experience. Mostly account managers with this degree earned from 3.6 LPA to 6 LPA average at this time, while international sales managers primarily earned between 4.80 and 12 LPA. The range is 4.0 to 8.0 LPA for most business development managers. Marketing managers make from 3.6 to 10 LPA on an average.
Following graph shows the salary trend according to job profiles-
Following graph is for top recruiting companies and their salary trend-
Aspirants seeking admission to 2 year Full-time MBA Program should have any first bachelor's degree of a university, established by law in India, at least with 50% marks(45% maks in the case of Scheduled Cast/ Scheduled Tribe candidate). The students who have completed and are appearing for their final bachelor degree examination shall be allowed to appear in Himachal Pradesh University Management Aptitude Test (HPUMAT).
* Non-Subsidised students have to pay Rs. 1,00,000 /- per annum in addition to the normal fees.
**Note: Hike of fees subject to change from time to time as per Himachal Pradesh University rules.
For Girls Subsidized Category :
1st Year Fee: 4,450 (Total Fee)
2nd Year Fee: 3,450 (Total Fee)
Top Companies | ![]() ![]() ![]() ![]() ![]() |
Shimla is one of the best places in India. HPU Shimla is situated in the beautiful hills of Shimla. A senior of mine who attended HPU, says that life at HPU Shimla is good. Every facility is given to the students at HPU Shimla.
Life at HPU Shimla will be pretty amazing. It is better to stay away from politics and just enjoy college life and the academics in the university.
I have a few friends from HPU Shimla and according to them, there is no specific syllabus for Zoology entrance. The question of the last few years can be helpful in analyzing the paper pattern. There is no specific syllabus mentioned but the courses generally comprise the topics from the UG degree. So it is definitely recommended to study the UG books and it would be really helpful if you could get previous papers.
There are some books that can be useful such as Arihant’s entrance test book for MSc.
It entirely depends on which course you are opting for. Generally, in comparison, GNDU Amritsar will have the upper hand over HPU UIIT Shimla on the basis of the institute level and the infrastructure.
GNDU Amritsar has very good infrastructure and facilities. The environment of the institute is very good and well for studies. The seniors present there are helpful too. GNDU Amritsar has also got a huge library which the students can access anytime. The library is fully air-conditioned along with the separate reading rooms. The institute is also famous for its huge achievements in the field of sports.
GNDU offers decent placement opportunities. In 2021, the highest CTC offered was 13 LPA.
One of my friends graduated from Kurukshetra University and is now doing her PG from HPU campus. Here are some snippets of her experience.
The University Institute of Engineering and Technology on the campus has a good name though.
Himachal Pradesh University (HPU) is a well-renowned government university that offers quality education to students. However, when it comes to placements, there have been instances where the university has not performed as well as expected. It's important to note that placement outcomes are not solely dependent on the university, but also on other factors such as location, curriculum, alumni network, and industry relations.
On the other hand, if you choose to enroll in Chandigarh University, you can expect to be offered more industry-oriented and up-to-date courses that can increase your chances of getting a good placement. You will also have access to a dedicated placement cell that will assist you in finding job opportunities. It's important to note that there may be competition from Computer Science Engineering (CSE) students during placements, but if you have the required skills and knowledge, you can certainly succeed.
There are many successful MCA graduates from Chandigarh University who have secured good placements in reputed companies. If you are looking to secure a bright future, opting for CU may be a good choice for you. It's important to thoroughly research and consider all the factors before making a decision.
The college is overall good and even better for the MBA course. Here are some facts and stats for your reference that will help you make a decision.
Placements:
Facilities:
So, HPU Shimla is definitely a great choice to pursue an MBA degree.
You should choose Chandigarh University for an M.Sc in Chemistry.
In terms of academics, learning resources, and facilities, CU will be better than HPU.